123taxcredit.com reaches Financial Aid Milestone

Dec. 21, 2011 - PRLog -- In 2011 123taxcredit.com, a specialized forensic accounting firm based in Ft Lauderdale Florida provided college and university students with over $10 Million in federal financial aid. The company works with both individual students and in partnership with higher education institutions to ensure students receive education tax credits they are eligible for.

"Since 2009 we've helped students recover aid they may have otherwise not been aware of," said Adam Zalka the company's President, "As economic conditions have deteriorated, the need for this aid has grown stronger."

Earlier this month President Obama, Vice President Biden and US Education Secretary Duncan met with college and university representatives to discuss the need for higher education institutions to get aggressive and innovative in meeting the challenges of rising tuition costs. Facing unprecedented budget shortfalls many institutions are preparing for reduced federal and state aid in the coming academic periods. With resources dwindling most organizations have already began implementing cost cutting programs aimed at improving efficiency.

What is unique about 123taxcredit.com's 'Generate Awareness Program,' a not for profit movement aimed at increasing awareness of the American Opportunity Tax Credit and Education Credit Refund Programs is that it also provides schools the chance to raise revenue.

"It's the classic everybody wins; students are provided the resource to obtain the funding, and the school can elect to allocate a portion towards tuition or other costs," said Zalka.

To date the company has disbursed thousands of refunds worth millions of dollars in aid to students in more than 40 US States. Since it began partnering with higher education institutions the organization has tripled processing capacity and hopes to facilitate more than 100,000 refunds in 2012.

For more information on education credit refund programs email anthony@123taxcredit.com OR contact Anthony J. Wong at 877.987.7237 x 503